Few companies have used social media in this earnings cycle to announce results, even though the Securities and Exchange Commission has authorized use of such channels. Even Facebook released first-quarter earnings in a news release.
People you would most expect to take the most sick days -- doctors, because of their exposure to sick people -- rarely do compared with other work categories. Other industries not prone to calling in sick are farming, forestry and fishing as well as construction and mining.
A converged standard on revenue recognition is expected this summer, with a planned effective date of Dec. 15, 2016. Expected advantages of the converged standard include fewer restatements. However, Financial Accounting Standards Board Chairwoman Leslie Seidman acknowledges that corporate efforts to adapt to the requirement might be costly in some industries.